#MarketRebound 🔥🔥🧭

🚨🚨🚨Hacked Crypto Exchange WazirX gets more Time to Restructure After court Ruling.✅

🥱Embattled crypto exchange WazirX received a lifeline Tuesday when a Singapore court granted the company's request to present additional arguments for its restructuring plan, extending a crucial moratorium that keeps its recovery efforts alive.💰

🔥The Singapore High Court's decision comes after it initially declined to approve WazirX's proposed restructuring plan in early June. The move dealt a significant blow to the India-serving exchange, which has been struggling to resume operations following a massive $234.9 million crypto heist that occurred last July.✅

🧭The Singapore Court has granted our request to present further arguments in our application for the Court's sanction of the proposed Scheme of Arrangement," the exchange announced in a tweet.🚨